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Grain markets rose through October 2021, with oats the top performer for the month on a smaller Canadian and US harvest. Corn hit 2.5-month highs, Minneapolis HRS wheat reached 10.5-year highs, and Paris milling wheat hit 13-year highs.
Fresh speculative fund buying lifted open interest to levels not seen since April.
Fund inflows into grains alongside tight oat and wheat supplies support higher feed grain prices, raising input costs for feed mills.
albertagrains.comNov 1, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Fresh speculative fund buying and open interest at multi-month highs amplified the October wheat rally.
